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/biz/ - Business & Finance


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52268678 No.52268678 [Reply] [Original]

CZ secretly insolvent

>> No.52268700
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52268700

idk what to do now

>> No.52268726

>>52268700
Hodl in your own wallet

>> No.52268746

>>52268678
lol CZ is smart not a retard jew

>> No.52268785

>>52268678
Cope basedboy.

>> No.52268808

>>52268678
If funds are indeed safu with CZ, then a bankrun wouldn't really hurt him. It would obviously be bad for his business if he's losing customers, but unless he's running a scam like the other recently collapsed and collapsing houses of cards, his business wouldn't collapse.
And, supposing his customers discover that their funds were indeed safu (should this be the case, I have no idea and I am not a binance shill), I imagine they would return, along with others, and that could turn out to be great for CZ's business.

>> No.52269009

>>52268678
What about futures positions?

>> No.52269028

>>52268678
>withdraw from a CEX
that's always good
don't trust FTX
don't trust Binance
don't trust Coinbase
not your keys, not your coins

>> No.52269030
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52269030

>>52268678
nah, I'm gonna move all my money from your jew rat website (FTX) and onto based binance.

>> No.52269333

>>52268678
FAMEEX will never rug, I trust FAMEEX

>> No.52269524

>>52269030
I'm going to hold my tokens in my own wallet because I'm not a fucking retard who trusts Internet ponzi operators to control his money

>> No.52269526
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52269526

>>52269524

>> No.52269773

just get a crypto card and cash out that way. Don't leave your funds on exchanges, they are not fully regulated like banks and can easily walk away with your money.

>> No.52269857
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52269857

>>52269773

>> No.52271889

>>52269028
>not your keys, not your coins
I never trusted exchanges with my tokens, I use kraken, sometimes sylo smart wallet to store my cryptos and NFTs

>> No.52271908
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52271908

>>52268700
Why would ANYONE have money on FTX?

>> No.52271944
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52271944

>>52271908
Retarded exchange doesn't even have BIT anon.

>> No.52271947

>>52269333
>FAMEEX
What the fuck is FAMEEX

>> No.52271986

sage ftx kike
sage

>> No.52271995

>>52271908
Retards do

>> No.52272031

The jew cries out in pain as he strikes you.

>> No.52272135

>>52269857
Banks are insured, '''exchanges''' are a fucking scam. They use the same fractional reserve system as banks (completely defeating the point of crypto) but if they go bankrupt you're an unsecured creditor and won't see a penny.

>> No.52272317

>>52268678
Ahem healthy correction

>> No.52272360

>>52268678
enough sam, you are done

>> No.52272455

>>52272135
FDIC insurance is a meme and covers like 100k even if you have $100M
Peanuts

>> No.52272618

>>52268678
cringe. cz is literally a few decades away from being able to start his own crypto nation, which will be the start of a prosperous thousand year golden age for all crypto holders

and bnb is the real eth

>> No.52272647

Binance is the only exchange worth trusting, this shit blew my mind they have no competitors not even close

>> No.52272661
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52272661

>>52272647

>> No.52272760

>>52272618
>and bnb is the real eth
lol you went bananas or you are cz itself

>> No.52273122
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52273122

>>52272135
>>52272455
$250,000

kJREl99D - not disagreeing with you,
should have pointed out that a risk almost equal to the exchanges, if you were investing in say eTrade.

I got hit already on CEL and HODL.
interestingly enough , the legal briefs of bankruptcy proceedings make the Asians look a little more proactive.

I will agree that I learned the hard lesson that can be stressd enough:

Not Your Keys,
Not Your Coins

>> No.52273354

>>52268678

You know these bnb fud posts are Sam's minion army, they were out in fuuuuulll force last night, holy shit.

>> No.52274671
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52274671

>>52272647
>Binance is the only exchange worth trusting
You came here to say what I want to say, asides that, Maiar dex is my next pick, I have Xen and Ride staked there
if this keeps up, my stack will be a lot higher in the next bull run.